Ford and Colgate Palmolive are among companies with the best practices on water security, campaigners say.
CPD, a non-profit group, has published the names of eight companies achieving an A rating for their actions to manage water resources in a sustainable way.
Over 400 companies operating in the most water-dependent or vulnerable industry sectors have been evaluated on their disclosed water management practices by CDP and environmental business, South Pole Group.
However, the report found that over half (53%) of companies are failing to conduct a comprehensive risk assessment, which CDP regards as a basic step for companies seeking to ensure business resilience against
water issues. Industries most exposed to water risk are consumer staples (82%) and utilities (75%).
The full list of eight companies on the CDP Water A List in 2015 are:
• Asahi Group Holdings, Ltd (Japan)
• Colgate Palmolive, (US)
• Ford Motor Company, (US)
• Harmony Gold Mining Co.Ltd, (South Africa)
• Kumba Iron Ore, (South Africa)
• Metsä Board, (Finland)
• Rohm Co., Ltd, (Japan)
• Toyota Motor Corporation, (Japan)
©2015 funds europe
